Jolt Guidance Id No: 000000001 Published: 07/05/2021 Jolt Maker id : sdadesky
Here are the details of your ARKK trade, expiring on July 09
buy 2 PUT contracts ARKK strike 126 EXP JULY 09
sell 2 PUT contracts ARKK strike 124 EXP JULY 09
orders should be placed at limit orders with maximum price of $0.80, preferable as low as 66 cents.
sell 3 PUT contracts ARKK strike 124 EXP JULY 09
buy 3 PUT contracts ARKK strike 123 EXP JULY 09
orders should be placed at limit orders with MINIMUM price of $0.20, preferable as as high as 44 cents
Total outlay: debit
mimimum: debit of 2 x $0.66 x 100 = $132
credit of 3 x $0.44 x 100 = $142
total: credit of $10.00 (no loss possible)
maximum: debit of 2 x $0.80 x 100 = $160
credit of 3 x $0.20 x 100 = $ 60
total: $100 debit (this is max loss)
You will maximum gain will vary between $30 and $350 at prices below $132 by Friday.
This trade benefits from the passage of time (theta positive)
The optimal time to close the trade is whenever the profit exceeds $330 or on Friday at 3:45 pm latest.
Questions or Concerns
Please post any comments or questions about this Jolt trade to the Jolt Maker (sdadesky) in the
Corresponding forum. This forum is limited to other Jolt Takers and the Jolt Maker of this trade.